In March 2023 the rate of change of the Italian consumer price index for the whole nation (NIC) was -0.4% on monthly basis and +7.6% on annual basis (from +9.1% in February); the flash estimate was +7.7%.<\/p>\n
The slowdown in inflation was mainly due to the deceleration of the prices of non-regulated energy goods (from +40.8% to +18.9%) and to the accentuated decline in those of regulated energy (from -16.4% to -20.3%). On the contrary, an upward contribution to the inflation rate came from the prices of unprocessed food (from +8.7% to +9.1%), services relating to housing (from +3.3% to +3.5%), tobacco (from +1.8% to +2.5%) and those of services related to recreation including repair and personal care (from +6.1% to +6.3%).<\/p>\n
The core inflation (all-items excluding energy and unprocessed food) was +6.3% and the annual rate of change of the all-items index excluding energy was +6.4%, both stable compared to the previous month.<\/p>\n
The annual rate of change of prices of goods was +9.7% (from +12.4% in February) and that of prices of services was +4.5% (from +4.4% in the previous month). As a consequence, the negative inflationary gap between services and goods decreases (from -8.0 percentage points in February to -5.2).<\/p>\n
Prices of grocery and unprocessed food increased by +0.7% on monthly basis and by +12.6% on annual basis (down from +12.7% in the previous month).<\/p>\n
The month on month decrease of NIC was due to the prices of Non-regulated energy products (-9.6%) and of regulated energy products (-4.6%); at the opposite an upward effect comes from the prices of unprocesses food (+1.0%), services related to transport (+0.9%), processed food including alcohol and tobacco (+0.7% both), semi-durable goods (+0.5%), non-durable goods and services related to recreation, including repair and personal care and services related to housing (all three +0.3%).<\/p>\n
In March 2023, the Italian harmonised index of consumer prices (HICP) increased by 0.8% on monthly basis, mainly due to the end of the winter sales of clothing and footwear (not considered by NIC); as a result, the annual rate of change of the Italian HICP was 8.1% (from +9.8% in February); the flash estimate was +8.2%.<\/p>\n
In the first quarter of 2023, inflation measured by HICP had a wider impact on the sub-population with the lowest level of equivalent expenditure than on households with highest amount of expenditure (+12.5 and +8.2% respectively).<\/p>\n","protected":false},"excerpt":{"rendered":"
In March 2023 the rate of change of the Italian consumer price index for the whole nation (NIC) was -0.4% on monthly basis and +7.6% […]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4082],"tags":[3121,3563,3186,3270,3264,3256,3468,3555,3104,2968],"regione":[],"tema":[4039],"class_list":["post-27721","post","type-post","status-publish","format-standard","hentry","category-press-release","tag-child-support","tag-consumer-prices","tag-consumptions","tag-cpi","tag-hicp","tag-inflation","tag-price","tag-prices-2","tag-rent","tag-flash","tema-prices"],"meta_fields":{"data_pubblicazione":"20230417","descrizioneperiodo":"March 2023","titolobreve":"Consumer prices - March 2023","news":"In March 2023 the CPI -0.4% over February and +7.6% year-over-year","news_rss":"In March 2023 the rate of change of the Italian consumer price index for the whole nation (NIC) was -0.4% on monthly basis and +7.6% on annual basis (from +9.1% in February); the flash estimate was +7.7%.\nThe slowdown in inflation was mainly due to the deceleration of the prices of non-regulated energy goods (from +40.8% to +18.9%) and to the accentuated decline in those of regulated energy (from -16.4% to -20.3%).","sottotitolo":""},"acf":[],"wpml_current_locale":"en_US","wpml_translations":[],"tags-info":[{"id":3121,"label":"child support","slug":"child-support"},{"id":3563,"label":"consumer prices","slug":"consumer-prices"},{"id":3186,"label":"consumptions","slug":"consumptions"},{"id":3270,"label":"CPI","slug":"cpi"},{"id":3264,"label":"HICP","slug":"hicp"},{"id":3256,"label":"inflation","slug":"inflation"},{"id":3468,"label":"price","slug":"price"},{"id":3555,"label":"prices","slug":"prices-2"},{"id":3104,"label":"rent","slug":"rent"},{"id":2968,"label":"statistics flash","slug":"flash"}],"categories-info":[{"id":4082,"label":"Press release","slug":"press-release"}],"_links":{"self":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/27721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=27721"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/27721\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=27721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=27721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=27721"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=27721"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=27721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}